Karnataka To Spend Over Rs1 Trillion Upgrading Bengaluru
ECONOMY & POLICY

Karnataka To Spend Over Rs1 Trillion Upgrading Bengaluru

Pitching Bengaluru as an “ever-evolving engine of transformation”, Karnataka Deputy Chief Minister D. K. Shivakumar on Tuesday said the State government is enhancing city infrastructure with investments exceeding Rs1 trillion. Shivakumar, who also oversees Bengaluru Development, was speaking at the inaugural session of the 28th Bengaluru Tech Summit 2025, billed as Asia’s largest technology event and organised by the Department of Electronics, IT & Bt and the Software Technology Parks of India.

He said technology, innovation and investment thrive when foundational infrastructure is strong, and for this reason the government is accelerating development at an unprecedented pace. Highlighting key initiatives, he outlined several mega projects: a 40-km twin tunnel costing Rs425 billion, a 41-km double-decker Metro worth Rs180 billion, a 110-km elevated corridor estimated at Rs150 billion, 320 km of buffer roads costing Rs50 billion, the Rs5 billion SkyDeck, and the 74-km Bangalore Business Corridor valued at Rs270 billion.

“We are spending over Rs1 trillion on Bengaluru city to improve infrastructure,” he said.

Shivakumar also announced that a second airport is being planned for Bengaluru, and that the State will set up a dedicated Secretariat for NRIs to support and coordinate with the global diaspora. Plans include residential layouts for NRIs, and a world-class AI City near Bidadi spread across 9,000 acres. An international complex to house global business establishments is also in the pipeline.

Emphasising that technology and talent are Bengaluru’s “twin pillars”, he said the city’s strength lies not only in its infrastructure or policy incentives but in its people. He urged industry leaders to support rural education through CSR, noting that enabling policies are being framed.

“Together, let us build a future where technology, creativity, and enterprise create opportunities not just for our State or our country, but for the entire world. I assure you Karnataka will extend all possible support for mutual growth,” he added.

Pitching Bengaluru as an “ever-evolving engine of transformation”, Karnataka Deputy Chief Minister D. K. Shivakumar on Tuesday said the State government is enhancing city infrastructure with investments exceeding Rs1 trillion. Shivakumar, who also oversees Bengaluru Development, was speaking at the inaugural session of the 28th Bengaluru Tech Summit 2025, billed as Asia’s largest technology event and organised by the Department of Electronics, IT & Bt and the Software Technology Parks of India. He said technology, innovation and investment thrive when foundational infrastructure is strong, and for this reason the government is accelerating development at an unprecedented pace. Highlighting key initiatives, he outlined several mega projects: a 40-km twin tunnel costing Rs425 billion, a 41-km double-decker Metro worth Rs180 billion, a 110-km elevated corridor estimated at Rs150 billion, 320 km of buffer roads costing Rs50 billion, the Rs5 billion SkyDeck, and the 74-km Bangalore Business Corridor valued at Rs270 billion. “We are spending over Rs1 trillion on Bengaluru city to improve infrastructure,” he said. Shivakumar also announced that a second airport is being planned for Bengaluru, and that the State will set up a dedicated Secretariat for NRIs to support and coordinate with the global diaspora. Plans include residential layouts for NRIs, and a world-class AI City near Bidadi spread across 9,000 acres. An international complex to house global business establishments is also in the pipeline. Emphasising that technology and talent are Bengaluru’s “twin pillars”, he said the city’s strength lies not only in its infrastructure or policy incentives but in its people. He urged industry leaders to support rural education through CSR, noting that enabling policies are being framed. “Together, let us build a future where technology, creativity, and enterprise create opportunities not just for our State or our country, but for the entire world. I assure you Karnataka will extend all possible support for mutual growth,” he added.

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement